Bengaluru & Pune Emerge As India’s Top Real Estate Markets, Mumbai Slips To 8th Position

As a per a recent ranking and study of real estate market in India conducted by PropEquity, a real estate data and analytics firm, it has been revealed that property occupancy and sales both have drastically dropped in North India. Delhi-NCR’s real estate market reduced by 27% in the last 12 months as it is now at the bottom of the table.

All the cities of NCR have dropped their ranking: Noida is not even in the top 10, whereas it was placed at #4 in 2009; Gurgaon has slipped from #7 to #10; Ghaziabad from #10 to #11.

Meanwhile, Bengaluru, the Silicon Valley of India has defied all odds to emerge as the top real estate market in India. In 2009, Bengaluru was ranked #6.

At #2 rank is Pune. In fact, Pune is the only city which has consistently maintained it’s ranking of #2 position, even as Mumbai & Thane witnessed heavy fall.

Chennai has also improved it’s position to reach #3 from #5 in 2009.

Hyderabad also showed immense improvement as it jumped to #4 from #10, 5 years back.

Real Full Story: Bengaluru & Pune Emerge As India’s Top Real Estate Markets, Mumbai Slips To 8th Position